Brooklyn
Moinian Group, Bushburg Launch BK Resi Development
The Moinian Group and Bushburg have launched leasing at the 320-unit residential component of the Empire State Dairy Company site… Read more
Chopt to Open at One Boerum Place in BK
Chopt, a fast-casual salad brand, has inked 2,148 square feet lease on the ground floor at One Boerum Place in… Read more
Legal Tech Startup Litify Moves HQ to Midtown
Litify, a legal tech startup, has relocated its NYC headquarters from Brooklyn to Midtown, New York Business Journal reported. The three-year 5,700… Read more
Douglaston Development Tops Out BK MF Rental
Douglaston Development has announced the topping out of 1057 Atlantic Avenue, a 474,000-square-foot, 17-story, 456-unit mixed-income multifamily rental development in… Read more
MBS Group Inks 300K-SF Warehouse in Queens
MBS Group, known as Manhattan Beach Studios, leased a 300,000-square-foot warehouse in Glendale, Queens, for film equipment storage. The… Read more
Merchants Capital Provides $348M to Rehabilitate 87 BK Properties
Merchants Capital provided a $348 million Mortgage-Backed Securities (MBS) loan from Fannie Mae to support the rehabilitation of NYCHA’s Reid… Read more
DMT Provides $75M for BK Mixed-Use Complex
Dwight Mortgage Trust, the REIT affiliate of Dwight Capital, has provided $75.2 million in bridge financing for 210 Clarkson, a… Read more
Williamsburg Mixed-Use Duo Trades for $14M
Marcus & Millichap closed the sale of two historic buildings in Brooklyn’s Williamsburg neighborhood. The assets sold for $13,800,000. Michael Salvatico,… Read more
NYC Industrial Sales Up 28% in 2nd Half ‘23
In the second half of 2023, the New York City industrial sales market saw 42 transactions totaling $583 million, according… Read more
Prologis Buys 17-Acre Coney Island Site for $51M
Prologis has acquired 2731 West 12th St., a nearly 17-acre undeveloped land parcel in Coney Island, Brooklyn., from National Grid… Read more
Brooklyn Industrial Assemblage Sold for $8M
An industrial assemblage in Brooklyn has been sold for $7.5 million. The three-property parcel includes a 15,000-square-foot single-story industrial building… Read more
Pratt Institute Inks 62K-SF at BK Dock 72
Brookfield Properties (BXP) and Rudin have announced that Pratt Institute will relocate its graduate facilities in Fine Arts and Photography… Read more
BK Mixed-Use Condo Lands $33M
Meridian Capital Group has arranged $33.1 million in financing for the construction of a mixed-use condominium property in Brooklyn’s Park… Read more
Slate Lends $59M Refi to Ohana for BK Hotel
Slate Real Estate Capital, the private credit arm of Slate Asset Management, has closed a $59 million senior loan facility… Read more
Two MF Sites in BK Sold for $7M
Two multifamily development sites in Brooklyn were sold for $7 million. The properties, located at 962 and 976 Bushwick Ave.,… Read more
Manhattan Avg Resi Rental Price Down 1.6%
Manhattan’s average rental price declined by 1.56% to $4,617 in the last month of 2023, according to MNS’ NYC rental reports.… Read more
Portal Warehousing Expands to Brooklyn
Portal Warehousing has opened a new location in Sunset Park, Brooklyn, at The Whale. The Sunset Park location offers 60… Read more